Loan Specialist

Role Description

The Loan Specialist will participate in an 8-week training program for Processors. This position is fully remote and starts on Monday, 6/1. The working hours are from 9am to 5pm CST, Monday to Friday, with a pay rate of $17.50/hr plus $150 per closed loan file.

Primary responsibilities include:

• Supporting Sr. Processors and Processing Manager by performing a variety of loan documentation duties.
• Entering information into Encompass.
• Following up and communicating with customers and loan officers to obtain missing or updated documentation.
• Processing mortgage loan files in a timely manner.
• Communicating clearly and effectively with multiple parties.
• Multitasking and managing an assigned pipeline to meet closing expectations.

Qualifications

• Demonstrate advanced product knowledge of FHA, VA, Conventional, and other loan programs such as Home Equity Lines of Credit, 2nd Mortgages, Home Improvement, down payment assistance, and bond programs.
• Demonstrate working knowledge of federal and state guidelines, rules, and regulations such as RESPA, TILA, HMDA, etc.
• Excellent written and oral communication skills.
• Ability to use creative thinking to find solutions to problems.
• 1-2 years of current experience in processing mortgage loans.
• Proficient with Encompass or other paperless mortgage loan origination systems.
• Understanding of all compliance regulations and investor guidelines.

Requirements

• Must be able to verify identity and employment eligibility to work in the U.S.
• This job may require frequent sitting or standing for long periods of time.
• Must be able to lift up to ten pounds.
• Primary functions require sufficient physical ability and mobility to work in an office setting.
• Ability to stand or sit for prolonged periods of time.
• Occasional stooping, bending, kneeling, crouching, reaching, and twisting.
• Ability to lift, carry, push, and/or pull light to moderate amounts of weight.
• Operate office equipment requiring repetitive hand movement and fine coordination including use of a keyboard.
• Verbal communication to exchange information.

Benefits

• EOE/M/F/D/V. Drug-free workplace.

Physical Demands

• Vision: See in the normal visual range with or without correction.
• Hearing: Hear in the normal audio range with or without correction.